Tag: BCH

Bitcoin Cash (BCH) Flips Litecoin in $6B Valuation Race

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Bitcoin Cash price crossed $280 on Feb. 12, as its 20% rally in the past week sent it soaring above Litecoin (LTC)  in the race to reach $6 billion market capitalization in 2024. BCH has gained momentum in recent weeks surpassing Litecoin in terms of market capitalization. What are the key factors driving Bitcoin Cash prices, and what to expect in the coming weeks? Bitcoin Cash has flipped Litecoin market capitalization  Bitcoin Cash and Litecoin are two rival Proof of Work networks hard forked from Bitcoin (BTC) to create a…

Signs Point to Fresh BCH Rally Ahead

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Bitcoin Cash price rallied over 15% and broke the $275 resistance. BCH is now facing strong resistance near the $282 zone. Bitcoin cash price started a fresh surge above the $250 resistance. The price is trading above $265 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support at $258 on the 4-hour chart of the BCH/USD pair (data feed from Kraken). The pair could continue to move up if it clears the $282 resistance zone. Bitcoin Cash Price Rallies Above $270…

Top cryptocurrencies to watch this week: BSV, BCH, FTT

This week featured mixed sentiments amid a consolidation phase, with the global cryptocurrency market cap dropping from $1.66 trillion to $1.65 trillion. Some assets bucked the trend, while others succumbed to bearish pressure. Top cryptocurrencies — Bitcoin SV (BSV)  Bitcoin Cash (BCH) and FTX Token (FTT) — stood out. BSV crosses $100 Bitcoin SV was one of the best performers this week, but its early price movements were not entirely encouraging to market watchers. The token began the week with a 4% increase, but shed off these gains when it…

Bitcoin Cash Rally Threatened As Exchange Drops BCH Following XRP Listing Rumors

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Bitcoin Cash has followed the general growth trend of Bitcoin with the price almost clearing the $250 resistance before being rejected. Even though BCH maintains this bullish momentum, it is not completely in the clear following its delisting from one crypto exchange. EDX Markets Delists Bitcoin Cash In another unexpected blow, Bitcoin Cash (BCH) has been delisted from the EDX Markets crypto exchange. Users had first suspected that the exchange was ending support for BCH and rumors spread like wildfire through social media. Eventually, the crypto exchange will confirm these…

This Support Could Trigger Fresh BCH Rally

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Bitcoin Cash price is holding the key $205 support against the US Dollar. BCH could start a fresh increase if it stays above the $205 and $200 support levels. Bitcoin cash price started a fresh decline below the $230 level against the US Dollar. The price is trading below $220 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $217 on the 4-hour chart of the BCH/USD pair (data feed from Kraken). The pair could start a fresh increase unless…

Bitcoin BTC Price Seesaws Back Over $29.1K, as Investors Move Past Binance Angst; BCH, UNI, LTC Sink

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“We’re seeing a multitude of influential factors at play, which includes corporate investments, regulatory advancements, macroeconomic shifts, and potential for increased accessibility through financial products like ETFs,” Feng wrote. “MicroStrategy’s continued investment in Bitcoin certainly underscores their commitment, helping solidify corporate interest in digital assets. This, in tandem with anticipation around the upcoming Bitcoin halving event, is influencing market behavior, as traders often view such milestones as potential catalysts.” Original

Bitcoin forks BCH, BSV and XEC soared last month, but are the gains organic and sustainable?

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The start of June saw negative price action across the cryptocurrency market after the U.S. Securities and Exchange Commission (SEC) brought fresh lawsuits against the world’s largest exchanges, Binance and Coinbase. However, the sentiment quickly turned bullish after a crucial exchange-traded fund (ETF) proposal was filed by the world’s largest asset management firm, BlackRock, on June 16. A wave of ETF fillings and institutional trading interest in digital assets followed BlackRock’s ETF filling. The launch of EDX Markets — backed by Wall Street giants Fidelity Investments, Citadel Securities and Charles Schwab —…

Bitcoin Cash Price (BCH) Rises More Than 10%

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Bitcoin (BTC) rallied to a new 13-month high above $31,500 early Thursday morning before a pullback to the current $31,100, up more than 2% for the day. The world’s largest cryptocurrency by market value has traded above $30,000 for a couple of weeks, but has struggled to reach the $32,000 level. “For the bitcoin rally to continue, we will need to get confirmation that the SEC will grant permission for a spot-Bitcoin ETF in the U.S,” said Edward Moya, senior analyst at Oanda. The top gainer among large-cap cryptos on…

Bitcoin cash (BCH) surges 166.3% over past 2 weeks

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin cash (BCH), a cryptocurrency that originated as a fork of bitcoin, aims to enhance transaction efficiency for both individuals and businesses, and it has remained a prominent player in the top 50 cryptocurrencies based on market capitalization. In Q2 of 2023, BCH experienced a substantial 104% surge in price, which can be attributed to its listing on EDX Markets. Skyrocketing value According to CoinGecko reports, June 2023, bitcoin cash (BCH) experienced a remarkable surge, reaching a…

BCH, FTT, COMP Led Crypto Market Gains in June

June has not only seen the two largest crypto exchanges, Binance and Coinbase, under fire from the U.S. Securities and Exchange Commission, which caused altcoins to dip, but has also witnessed a number of large institutions pushing further into crypto toward the end of the month, igniting positive sentiment. Bitcoin rose as a result, touching a one-year-high above $31,000 a few days after BlackRock, the world’s largest asset manager, applied for a spot ETF on June 15. Source